British Finance Minister Reeves to Hold Crisis Talks Over U.S. Tariffs
British Finance Minister Rachel Reeves will hold crisis talks with leading financial executives over U.S. tariffs on British goods, while also exploring a new economic partnership with the U.S. to ease the tariff burden.
Published on April 9, 2025
British Finance Minister Rachel Reeves is set to meet with top executives from major financial institutions—including Hargreaves Lansdown, Legal & General, Lloyds Banking Group, and M&G—on April 8, 2025. The discussions aim to address the economic fallout from U.S. tariffs that levy 10% on most British imports and impose a 25% duty on critical sectors such as automotive and steel.
In addition to the meetings with the financial sector, Reeves is scheduled to speak with U.S. Treasury Secretary Scott Bessent regarding a potential economic partnership to help mitigate these tariff burdens. The talks come amid broader market instability and follow recent reports highlighting global concerns over rising tariffs and their impact on both consumer prices and currency stability.